CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0360%/8h= −39.4% APRnext payment −$1.80 per $10,000 · paid last 24h −0.002%

Price spread now: MEXC against BingX−0.047%7-day average +0.065% · you buy dearer than you sell

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$110as in the Price arb table

costs, in and out, $10k−$990.990% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.081%−$8 on $10k

Price spread, last 7 days+0.102%+$10 · spread now −0.047%, 7d avg +0.065%

Together, before fees+0.021%+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and MEXC is 0.112% cheaper against BingX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.065%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.081% in total (about -4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.80 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX CASHCAT-USDT	0.1700	0.1404	pay 0.0702% / 4h	3h 24m	—	$1.0M	—
Short	MEXC CASHCAT_USDT	0.1699	0.1044	get 0.0522% / 4h	3h 24m	$8.5M	$489K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee MEXCbpOrdersPrice spread, now −0.047%Rate

Funding earned: −$75.52
Price spread: −0.047% → +0.065%: −$11.24
Slippage, 4 orders: −$68.96
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 10 bp × 2 orders: −$20
Net: −$185.72
Costs to cover: 0.990%
Break-even: never at this rate

Slippage from BingX: live order book, 15 min ago; MEXC: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BingX live order book, 15 min ago	5.91 bp	37.6 bp −$38	85.5 bp −$855	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	2.94 bp	21.0 bp −$21	270.5 bp −$2,705	doesn't fit	doesn't fit

CASHCAT on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH CASHCAT	+0.0096%	1h	0.1696	−0.218%	$330K	$845K	3x	as long as short
Nado CASHCAT-PERP	+0.0100%	1h	0.1693	−0.441%	$257K	$186K	5x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1697	−0.194%	$46.7M	$20.7M	3x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1695	−0.294%	$1.4M	$2.0M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1696	−0.224%	$599K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1700	+0.007%	$1.4M	$1.5M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1696	−0.206%	$77K	$72K	50x	as long as short
Polymarket Perps CASHCAT-USD	+0.0100%	1h	0.1695	−0.306%	$68K	$1.2M	3x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1693	−0.421%	—	$2.6M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1694	−0.353%	$508	$1K	3x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CASHCAT-USDT	+0.0100%	1h	0.1695	−0.271%	$18K	$375K	10x	as long as short
Extended CASHCAT-USD	+0.0104%	1h	0.1695	−0.301%	$101K	$465K	5x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0232%	4h	0.1701	+0.059%	$1.2M	$10.8M	20x	as long as short
BloFin CASHCAT-USDT	+0.0472%	4h	0.1700	0.000%	$51K	$510K	20x	as long as short
Bybit CASHCATUSDT	+0.0986%	4h	0.1699	−0.082%	$12.9M	$18.6M	10x	as long as short
MEXC CASHCAT_USDTshort	+0.1044%	4h	0.1699	−0.047%	$8.5M	$489K	20x
Lighter CASHCAT	+0.1072%	1h	0.1696	−0.229%	$1.2M	$1.9M	3x	as long as short
BingX CASHCAT-USDTlong	+0.1404%	4h	0.1700	long leg	—	$1.0M	—
edgeX CASHCATUSDC	+0.1652%	4h	0.1699	−0.070%	$51K	$171K	5x	as long as short
Aster CASHCATUSDT	+0.1730%	1h	0.1698	−0.139%	$561K	$1.1M	10x	as long as short
Arcus CASHCAT-USD	+0.3384%	1h	0.1696	−0.238%	$117K	$219K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1717	+1.000%	$9K	$12K	5.5x	as long as short